Michael Feuer started OfficeMax with one store and a personal investment of $20,000, and grew the business into a $5 billion company with nearly 1,000 stores. Feuer shares with host Greg Muzzillo the steps he took to ensure that his business would be successful.
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About Michael Feuer: Michael Feuer is co-founder of OfficeMax, which he started in 1988 with one store and a personal investment of $20,000. During his 16 years as CEO, he grew the company to nearly 1,000 stores with sales approximating $5 billion before selling it for almost $1.5 billion in 2003 to Boise Cascade Corp. In 2004, Feuer launched another start-up, Max-Ventures, a venture capital operating firm that focuses on buying control and making substantial investments in retail-oriented businesses. Feuer is a highly sought after speaker, national business columnist and author of “The Benevolent Dictator: Empower Your Employees, Build Your Business, and Outwit the Competition.” Feuer has inspired thousands of entrepreneurs over the years with his story, practical advice and innovative approach to business success.
About Million Dollar Monday: Million Dollar Monday features real successful people with real useful advice for entrepreneurs and people with big dreams. The series is hosted by Greg Muzzillo, founder of Proforma, the No. 1 ranked Top Distributor by Print+Promo.